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Bitcoin Update: Some Say the ‘Hash Crash’ Rebound Points to Miners Plugging Back In

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But whatever term one might use, it’s basically over now. The hash rate, a measure of computing power used in mining and processing, has jumped as much as 55% from early July, when it hit an almost two-year low. Prices for the token also recouped more than half of its losses since its April peak and traded at around $50,000 on Thursday.

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